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Conscience is better served by a myth.

John Kenneth Galbraith

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John Kenneth Galbraith
Age: 97 †
Born: 1908
Born: October 15
Died: 2006
Died: April 29
Diplomat
Economist
Non-Fiction Writer
Politician
University Teacher
John K. Galbraith
Conscience
Better
Served
Myth

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The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.
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Nothing so weakens government as persistent inflation.
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A businessman who reads Business Week is lost to fame. One who reads Proust is marked for greatness.
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It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.
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Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
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Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or unduly firm opinion. Nonetheless, there must be a speech: Speeches in our culture are the vacuum that fills a vacuum.
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The first goal of the technostructure is its own security.
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In the early days of the crash it was widely believed that Jesse L. Livermore, a Bostonian with a large and unquestionably exaggerated reputation for bear operations, leading a syndicate that was driving the market down.
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Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.
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Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to satisfy them. But the case cannot stand if it is the process of satisfying wants that create the wants.
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The inborn instability of capitalism has been part of the history of the system for several hundred years.
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Economists are economical, among other things, of ideas most make those of their graduate days do for a lifetime.
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In the conventional wisdom of conservatives, the modern search for security is regularly billed as the greatest single threat to economic progress.
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The conspicuously wealthy turn up urging the character building values of the privation of the poor.
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I do the best with what exists.
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Economic stimulation that works through the increased outlays to the affluent has, inevitably, an aspect of soundness and sanity that is lacking in expenditure on behalf of the undeserving poor.
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I am for a close global association in trade and financial matters, rather than the opposite possibility of excessive nationalism, as manifested in the two world wars.
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Meetings are indispensable when you don't want to do anything.
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According to the experience of all but the most accomplished jugglers, it is easier to keep one ball in the air than many.
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We all agree that pessimism is a mark of superior intellect.
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